BSP Grants Regulatory Relief to Banks Affected by Typhoon “Labuyo” and by Southwest Monsoon (Habagat) Enhanced by Tropical Storm “Maring”
The Bangko Sentral ng Pilipinas is granting regulatory relief measures to banks to enable them to similarly assist and ease the financial burden of bank customers adversely affected by Typhoon “Labuyo” and by Southwest Monsoon (Habagat) enhanced by Tropical Storm “Maring” which devastated several parts of the country from 12 to 21 August 2013. Eligible …